property tax assessment increase? - 03/10/10 06:19 PM
Hello to all.
About nine years ago I had a 1.25 acre pond made on the twenty
acres where I live (best thing I ever did). Last year I hired
an excavator to enlarge it to make it 2 acres in size. When I
had it originally dug I was told by the excavator and the DNR rep
that the pond wouldn't raise my property taxes. Over the following years my propery taxes have went up and up steadily.
I never really minded the increases until I noticed how low the property values in the area have went down. Now I am thinking of going to the review board to try to lower my assessment. I live in central Michigan and was wondering if anyone could comment on whether or not an excavated empoundment type spring fed pond should figure in on my assessment. I was wondering how some of the other states handled similar situations. Also, I might add, I was told by the Department of Natural Resources, the excavator and the local state agra inspector that no permits were needed when I originally had the pond made. Thank you for any anticipated responses.
About nine years ago I had a 1.25 acre pond made on the twenty
acres where I live (best thing I ever did). Last year I hired
an excavator to enlarge it to make it 2 acres in size. When I
had it originally dug I was told by the excavator and the DNR rep
that the pond wouldn't raise my property taxes. Over the following years my propery taxes have went up and up steadily.
I never really minded the increases until I noticed how low the property values in the area have went down. Now I am thinking of going to the review board to try to lower my assessment. I live in central Michigan and was wondering if anyone could comment on whether or not an excavated empoundment type spring fed pond should figure in on my assessment. I was wondering how some of the other states handled similar situations. Also, I might add, I was told by the Department of Natural Resources, the excavator and the local state agra inspector that no permits were needed when I originally had the pond made. Thank you for any anticipated responses.